For Sale: Saint Paul MLS# 6777908
Active
NEW!
$1,300,000
Commercial: Apartments
Built 1963
0.26 acres
St. Paul schools
MLS# 6777908
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Property Description
Fantastic investment opportunity for 11 unit brick building with seven 2 bedroom units (Rent $1, 100 each) and four 1 bedroom units (Rent $950 each). Each unit has large living room window AC, bedroom with ceiling fan and full bathroom with new tiles. Gross annual income $138, 600 and more with great rental history many long-term tenants. Close to Metropolitan, State University and Down town. Don’t miss this rare investment. This apartment sale "As Is". Listing agent is related to seller.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,300,000
Property Type:
Commercial
City:
Saint Paul
Garage Spaces:
0
County:
Ramsey
Year Built:
1963
State:
MN
Property Style:
Apartments
Zip Code:
55117
Neighborhood/Area:
North End
Subdivision Name:
Rice Street Villas
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Exhaust Fan
- Range
- Refrigerator
Basement Details:
Egress Window(s)
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
11
Air Conditioning:
Window Unit(s)
Foundation Size:
3,090 ft2
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
- Asphalt
- Open
- Unassigned
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
Ceiling Fan(s)
Road Frontage:
- City Street
- Curbs
- Paved Streets
Exterior Material:
Brick/Stone
Roof Details:
Flat
Lot & Land
Acres:
0.26
Geolocation:
44.990297, -93.10685
Inclusions:
Building, Fixture/Equipment, Land, Leases
Lot Dimensions:
122 x 94
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Some Trees
Schools
School District:
625
District Phone:
651-767-8100
Expenses
Annual Gross Expense:
$34,500
Tenant Expenses:
Electricity, Fuel, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$17,451
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$18,826
Income
Annual Gross Income:
$138,600
Units
Total Units:
11
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of National Realty Guild.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.